overview | geology

The 100% Almaden owned Cadera project was discovered in 2007 during Almaden`s ongoing regional exploration program in Mexico. The project is located in Puebla State less than 150 kilometers from the Company’s Caballo Blanco project.

J. D. Poliquin, chairman and CEO of Almaden commented: “It is extremely exciting to see concepts turn into new projects. This new property has the potential to develop into a Caballo Blanco-type gold project. We look forward to assessing its potential and developing it over the coming months.”

Almaden has initiated an exploration program on the Caldera prospect including geologic and alteration mapping, rock, soil and stream sediment geochemical sampling and IP geophysical surveys.

high-sulphidation epithermal gold-silver system

Hydrothermal alteration typical of high sulphidation epithermal gold-silver environments, including vuggy silica and extensive areas of acid-sulphate alteration, has been identified at the Caldera prospect. This alteration is comparable to that known at Almaden’s Caballo Blanco high-sulphidation gold-silver-copper project in Veracruz State.